Shoppers Shunning Credit Cards

12-11-2010 05:09 AM

'Illinois-based TransUnion says the lowest percentage of shoppers in the history of a survey used credit cards for purchases during the Thanksgiving weekend.

The use of credit cards such as Visa and MasterCard fell 11 percent in the third quarter from a year earlier, The New York Times reported. Many Americans want to avoid a big credit card debt after the holidays.'